The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Museums take this educational role seriously, and many institutions understand the need to sustain and broaden their appeal. “They used to be these big ivory towers of knowledge and history and thought and art,” said Hilary Knight, director of Change& in London and former director of digital at Tate. “Museums themselves are changing their role to be centers for discussion and encounter and to be much more participatory.”
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
An audio journey of how data and analytics save lives, save money and solve problems.
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A yearly flu vaccine is crucial for protecting yourself from the flu, according to the Centers for Disease Control and Prevention (CDC). However, because of limited vaccine supply, the demand in some regions cannot always be met, especially during a pandemic.
China is taking drastic steps to contain the spread of a recently identified coronavirus, but the outbreak has already traveled past its borders, and cities around the globe must be ready to respond to cases within their jurisdictions. Yale SOM’s Edward Kaplan used early reports out of Wuhan to evaluate the likely effectiveness of common tactics, such as isolation of patients and quarantine, in keeping the disease from spreading in new regions. His model predicts that new outbreaks can likely be contained by isolating infected patients, but it also highlights the importance of identifying new cases as early as possible.
Dennis Zhang, assistant professor of operations and manufacturing management at Olin Business School at Washington University in St. Louis, has won the 2020 Olin Award for research that creates a human-focused algorithm to improve warehouse workers’ packing time while also reducing material costs.
President Trump’s administration recently announced new guidelinesrequiring hospitals and insurers to give consumers more information about their health care prices. The administration decreed this transparency mandate as an unprecedented and revolutionary change to the American health care system. However, price transparency alone will not produce any groundbreaking change in our health care system. Policymakers should, in parallel, focus on improving the transparency of the quality of care patients receive. Consumers need to know not only the price of the service they are about to receive, but also the quality of it.
Once the cornerstone for the Rocky Mountain gold rush, this spring, Denver will serve as the setting for an entirely new group of adventurers, those pursuing the latest groundbreaking applications of analytics at the 2020 INFORMS Business Analytics Conference.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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